$480,000
116-118 Massasoit St
Springfield, MA, 01107
Motivated Seller! Excellent opportunity to own this legal, fully vacant three-family property with strong income potential. The first and second-floor units each offer 3 bedrooms and 1.5 baths, while the spacious third-floor unit features 4 bedrooms and 1.5 baths and was previously rented for $2,525 per month. Each unit is separately metered, with tenants responsible for their own gas and electric utilities. Additional features include circuit breaker panels, three gas hot water tanks, updated kitchens, and updated bathrooms. The property will be delivered fully vacant, making it an excellent opportunity for both owner-occupants and investors. Lead compliance documentation is available for all three units. The basement termite damage has been professionally evaluated. The seller is willing to sell the property in its current as-is condition or provide a credit at closing for the repairs.
Property Details
Price:
$480,000
MLS #:
73527157
Status:
Active
Beds:
8
Baths:
4.5
Type:
Multi Family
Subtype:
3 Family
Listed Date:
May 30, 2026
Finished Sq Ft:
4,142
Total Sq Ft:
4,142
Lot Size:
4,657 sqft / 0.11 acres (approx)
Year Built:
1912
Units:
3
Schools
Interior
Above Grade Finished Area
4142
Appliances
Range, Refrigerator, Range Hood
Bathrooms
3 Full Bathrooms, 3 Half Bathrooms
Flooring
Tile, Varies, Laminate, Other
Heating
Steam, Natural Gas, Individual, Unit Control
Interior Features
Pantry, Living Room, Kitchen
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, Other, Sidewalks
Construction Materials
Frame
Green Energy Efficient
Varies per Unit, Other (See Remarks)
Lot Features
Other
Open Parking Spaces
3
Parking Features
Off Street
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Window Features
Insulated Windows
Financial
Tax Year
2025
Taxes
$6,887
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Springfield as of Jul 18, 2026
116
Multi Family Listed
121
Avg DOM
157
Avg $ / SqFt
$469,493
Avg List Price
Community
- Address116-118 Massasoit St Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01107
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 116-118 Massasoit St Springfield MA is a Multi Family for sale in Springfield, MA, 01107. It is listed for $480,000 To schedule a showing of MLS#73527157 at 116-118 Massasoit St in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of RE/MAX IGNITE. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
116-118 Massasoit St
Springfield, MA